Listed price in listed location currency (USD).
$1,190,000

0016

MLS® 475632325

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $8,204
Days Active 0
Lot Size 0.43 Acres
Approx. Age 1978
MLS® Number 475632325

Property Address: 875 Gerth Ave Nw, Salem, OR, 97304

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in West Salem! This well-maintained 8-unit apartment complex offers a strong income-producing asset in a desirable location close to schools, shopping, parks, and downtown Salem. Built in 1978 this property has been well maintained with a newer 5 year old roof, and possibility to be split into two separate 4-plexes. Property has convenient dedicated parking lot with 16 spaces. On site laundry that produces extra income. Situated on approximately 0.43 acres, this turnkey multifamily property is positioned to benefit from continued rental demand in the West Salem market. A quality addition to any investment portfolio with long-term upside. Buyer to perform their own due diligence regarding a potential split.
MLS® Number475632325
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1978
BasementCrawl Space
DrivewayAssigned, Paved
Garage Spaces
HeatBaseboard
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 30, 2026List Date
$1,190,000List Price
  • Commute

Commute

Starting Address
Destination Address
875 Gerth Ave Nw, Salem, OR

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